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Derivatives and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The following table presents the fair value of the Company’s derivative financial instruments as well as their classification on the consolidated balance sheets as of December 31, 2015 and 2014.
 
December 31, 2015
 
December 31, 2014
 
Asset derivatives
 
Liability derivatives
 
Asset derivatives
 
Liability derivatives
 
Balance
sheet
location
 
Fair value (1)
 
Balance
sheet
location
 
Fair value (1)
 
Balance
sheet
location
 
Fair value (1)
 
Balance
sheet
location
 
Fair value (1)
 
(In thousands)
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate products
Other
assets
 
$

 
Other
liabilities
 
$
(1,907
)
 
Other
assets
 
$
34

 
Other
liabilities
 
$
(3,352
)
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate products
Other
assets
 
7,960

 
Other
liabilities
 
(8,095
)
 
Other
assets
 
5,323

 
Other
liabilities
 
(5,434
)
Total
 
 
$
7,960

 
 
 
$
(10,002
)
 
 
 
$
5,357

 
 
 
$
(8,786
)
___________________
(1)
For additional details, see Part II. Item 8. “Financial Statements and Supplementary Data - Note 21: Fair Value of Financial Instruments.”
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]
The following table presents the effect of the Company’s derivative financial instruments in the consolidated statement of operations for the years ended December 31, 2015 and 2014.
Derivatives in Cash
Flow Hedging
Relationships
Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion) Years Ended December 31,
 
Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
 
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)Years Ended December 31,
2015
 
2014
 
 
2015
 
2014
(In thousands)
Interest rate products
$
(2,642
)
 
$
(3,425
)
 
Interest Expense
 
$
(4,052
)
 
$
(3,198
)
Total
$
(2,642
)
 
$
(3,425
)
 
 
 
$
(4,052
)
 
$
(3,198
)
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]
The following table presents the effect of the Company’s derivative financial instruments, not designated as hedging instruments, in the consolidated statements of operations for the years ended December 31, 2015 and 2014.
Derivatives Not
Designated as Hedging
Instruments
 
Location of Gain or (Loss) Recognized in Income on Derivative
 
Amount of Gain or (Loss), Net, Recognized in Income on Derivative Years Ended December 31,
 
2015
 
2014
 
 
 
 
(In thousands)
Interest rate products
 
Other income/(expense)
 
$
(12
)
 
$
(127
)
Other products (1)
 
Other income/(expense)
 
44

 

Total
 
 
 
$
32

 
$
(127
)

_________________
(1)
Risk Participation Agreement